AUD to GBP jumps to the highest level in July after the release of the RBA minutes. The central bank has a cautious but optimistic outlook while it noted that the global economy is improving
Job Title:
Forex Analyst
Home Location:
London, United Kingdom
Education:
Finance at Golden Gate University
Expertise:
Technical Analysis · forex · Stocks · Crypto · Writing
Knows About:
Technical Analysis · forex · Stocks · Crypto · Writing
Summary:
Technical analyst of forex, stock market indices and commoditiesTechnical analyst of forex, stock market indices and commodities
PositionForex Analyst
JoinedOct 07, 2021, 13:51 BST
Articles832
Nikolas Papas is a technical analyst of forex, stock market indices and commodities. His skills include technical analysis, forex, stocks, crypto and financial writing.
USDCAD slumps to five-week lows on risk-on sentiment and after the release of the Canadian retail sales data. Canada Retail Sales came in at 18.7% below the forecasts of 20% in May.
Ripple price recovers almost all of yesterday’s losses as investors shift their attention to risky assets after the positive results from the coronavirus vaccine from AstraZeneca and Oxford University.
GBPUSD breaks to five-month highs as the risk appetite has returned to markets pushing the safe-haven USD lower. Investors shift their attention today to risky assets after
Brent crude oil price jumps over two percent today on news of positive results from the first trials of the COVID-19 vaccine from AstraZeneca and Oxford University.
FTSE 100 started higher on Tuesday after the historical deal from EU members on the coronavirus relief package boost risky assets in Asia and Europe. Meanwhile, EU strikes a deal on the relief fund after a record four days of negotiations.
Asian shares are trading higher fueled by news that the coronavirus vaccine might be ready by the end of the year and the news that the EU meeting finally strikes a deal on the 750 billion relief package.
Ripple price slumped to the lowest level in ten days and breached below the 50-day moving average signalling that bears are in full control of XRPUSD. The move today cancelled the recent rally from 0.1770 lows on July 6.
USDCAD rebound today as the risk returns to markets after a mixed set of economic data from the USA and China. The United States Philadelphia Fed Manufacturing Survey came in at 24.1, above the expectations of 20 in July.
The Dow Jones futures slide today in premarket after yesterday managed to close to the highest level since June 10. Investors are watching the corporate earnings to assess the impact of the coronavirus lockdown to quarterly earnings.
Gold price consolidates close to nine-year highs as investors waiting for a catalyst that will drive the price. Risk-on sentiment drove the stock markets close to monthly highs yesterday on news of positive results from the initial trial stage of the Moderna’s coronavirus vaccine
Ethereum price retreat for second consecutive session and breaks below the 50-day moving average, in a move that puts bears in the drivers seat for the short term.